The US gold market mainly trades gold futures. At present, the New York gold market has become the largest and most active futures market in the world. The New York Mercantile Exchange Limited was formed by the merger of (New York Mercantile Exchange) and (Commodity Exchange Limited) on 1994. It is the largest commodity exchange and the earliest gold futures market in the world. According to the New York Mercantile Exchange's definition, its futures trading is divided into two branches: NYMEX and COMEX. NYMEX deals in energy, platinum and palladium, and COMEX deals in other metals (including gold). COMEX currently trades gold futures, mini futures, options and funds. COMEX gold futures trading volume is 65,438+000 ounces, and the trading target is 99.5% colored gold. Mini gold futures, each transaction volume is 50 ounces, and the minimum fluctuation price is 0.25 USD/ounce. COMEX's gold trading can often dominate the trend of world gold prices, and the actual physical delivery of gold accounts for a small proportion. Large hedge funds and institutional investors are the main participants in COMEX gold trading, and their trading has great trading power on the gold market; The huge trading volume has attracted many speculators to join, and the whole gold futures trading market has high market liquidity. The New York Mercantile Exchange
Trading time: 20:50-03:35 (Beijing time)
Daylight saving time execution time
The first Sunday in April-the last Sunday in June in the United States 10.
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New york/Beijing-13 hours
Legal holidays in the United States
① New Year (65438+1 October1)
② President's Day (the third Monday in February)
(3) War Memorial Day (last Monday in May)
(4) American Independence Day (July 4th)
⑤ Labor Day (the first Monday in September)
⑥ Thanksgiving Day (165438+1last Thursday in October)
⑦ Christmas (65438+February 25th)